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Industry News

04. May 2016
Fitness:
Development Revenues & EBITDA of Technogym 2013 to 2015

Technogym makes IPO to institutional investors

The Italian fitness equipment manufacturer is now listed at Milan Stock Exchange. The issue price values the company at EUR 650 million.[more]


21. March 2016
Fitness:

eGym secures EUR 40 million in Series C funding

eGym, one of the leading providers of high-tech strength equipment and advanced software for organizing the fitness training floor, has today announced EUR 40 million (USD 45 million) Series C financing led by new investor HPE...[more]


07. March 2016
Fitness:

Next Fitness IPO on hold

After SoulCycle, the indoor cycling studio brand owned by Equinox, filed papers for an IPO in 2015, the process has not gone any further since then. Equinox CEO Harvey Spevak blamed the current development of the global economy,...[more]


15. February 2016
Fitness:

Sale & Lease Back strengthens fitness operators

In February 2016, M&G investments has acquired a David Lloyd Leisure health and racquet club in Brussels and closed a leased back for 30 years. The transaction follows another deal with the chain for 44 UK clubs with a volume of...[more]


Fitness:

Holmes Place concludes joint venture with Auctus Capital Partners

Holmes Place, a leading provider of exclusive fitness and wellness clubs in Germany and part of the international Holmes Place network, has concluded a joint venture with Private Equity firm AUCTUS Capital Partners. The aim is...[more]


04. February 2016
Fitness:

Urban Sports Club continues market consolidation

After the Urban Sport Club had already taken over its competitor Fitengo in November 2015, it now acquires the "pay as you go" provider 99gyms. Through the acquisition the start-up strengthens its position in the national market...[more]


22. January 2016
Fitness:

LifeFitness merges with Cybex

Cybex International, Inc., the 5th largest global fitness equipment manufacturer, was acquired by Life Fitness' parent company, Brunswick Corporation, for USDm195. In total, both companies had sales of USDm 964 in 2015 and a...[more]


11. January 2016
Fitness:

Migros acquires INJOY / INLINE completely

Genossenschaft Migros Zürich (GMZ) respectively its German subsidiary Migros Freizeit Deutschland GmbH takes over 100 percent of the shares in INLINE Unternehmensberatung für Fitness- und Wellnessanlagen GmbH. INLINE remains an...[more]


10. December 2015
Fitness:

Let's Go Fitness acquires Physic Club Group

Let's Go Fitness takes over Physic Club as part of a succession plan. The number of operated fitness clubs in western Switzerland increases to 37, thereby strengthening the market leadership position of the AFINUM portfolio...[more]


07. December 2015
Fitness:

ANTELOPE - the new Runtastic

Wearable Life Science can look back on a turbulent year. The startup based in Frankfurt has caused a sensation with its ANTELOPE series in 2015. The driving force and founders Kay Rathschlag Philipp G. Schwarz, Patrick Thumm and...[more]


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